POWERED BY MOMENTUM MEDIA
HUB24 launches international portfolios
Investment and superannuation platform provider, HUB24 has announced partnerships with fund managers, Southeastern, Arnhem, and AllianceBernstein to expand stock portfolios for Australian investors.
HUB24 managing director, Andrew Alcock said the new partnerships would allow the company's advisers and clients to gain exposure to offshore markets.
"Until now, managed funds and ETFs have traditionally been the dominant avenues to invest overseas. International managed portfolios provide a great way for advisers to help their clients directly own shares in international companies and build out or complement their global exposure," he said.
"We're partnering with leading investment managers to drive greater opportunities."
HUB24's international managed portfolio capability was launched four months ago.
AllianceBernstein has produced a focused US growth equity manages portfolio, while Southeastern will launch a value-focused portfolio with a concentrated position in 18 to 22 international equities.
Anhem have produced a high conviction managed portfolio of industries not available on the Australian Stock Exchange (ASX), which is the second to be available on HUB24, following from Arnhem Australia in December 2015.
Recommended for you
Investors have slashed their US equity allocations to the lowest level on record, according to new data from Bank of America.
The message from experts in international trade and economists is that the Australian government should refrain from retaliating with reciprocal tariffs.
The market correction forecast by AMP’s chief economist is in full swing, with three weeks of turbulence culminating in significant losses on Tuesday.
Following a strong risk appetite in January, institutional investors have pulled back in February, with risk-seeking activity dropping to zero amid a decline in equity allocations.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Global X GlobalX FANG+ ETF
33.51 3 y p.a(%)
2
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.62 3 y p.a(%)
4
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
5
Fidante Credit Suisse Global Private Equity
29.60 3 y p.a(%)
